RE: Shuffling the chairs on the Titanic31 Mar 2023 12:51
Dawto,
If you are going to respond to the question, then at least answer the question!!
Edenville are currently.......................
Edenville are paying wages to people to stockpile run of mine coal, however Edenville can't wash coal as the coal is too wet.
Edenville are having to spend money they barely have to barely maintain the legitimacy of having a mining licence.
Edenville I imagine are paying for legal advice "Based on legal advice received" unless they give away legal advice foe free in Tanzania?
Again I imagine we are paying legal fees to try to get back £180,000, which may well be spent on the legal fees Edenville are paying to get the £180,000 back, which may.... you get the point.
Over almost 3 months Edenville generated £34,500 in revenue, which I imagine went to pay the individuals in the digger and dumper that were stockpiling the wet coal wet can't wash as it's too wet.
How much of the £400,000 placing do they have left I wonder. Based on the fact they had to do a placing I imagine Tony's cool £1m has evaporated.
Edenville are not going to producing any coal in volume until at least June 2023, and payment there after.
Oh and down another 9.5% today and into the 4.xp range, and yes we may drop through the tuppence point and become sub-decimal again. For me that is now certainly a reality.
So after all I listed, the price falling for three days running, I'll ask the question again. Does it matter much who are the major shareholders, how much they hold and if they had a TR1? Because even if the major shareholders changed, issued numerous TR1's I don't see it having a positive impact on Edenville's share price.
Unless of course anyone thinks that it is the names of the major shareholders and their associated TR1s that are driving the price currently? As I think it has more to do with the fact that Edenville are just s hit at coal!!!!!!!
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